Ethereum Price Rises Amid Gold Consolidation: Bullish Divergence Signals for ETH Trading
According to Michaël van de Poppe (@CryptoMichNL), as gold consolidates, Ethereum (ETH) is showing upward momentum.
The analyst notes that a bullish divergence is becoming apparent on ETH charts, which is a key signal for traders seeking entry points.
Van de Poppe emphasizes the importance of monitoring ETH price action during U.S. trading hours and over the weekend for continued confirmation of this trend (source: Twitter/@CryptoMichNL, April 25, 2025).
The cryptocurrency market has shown intriguing correlations with traditional assets recently, as highlighted by a tweet from Michaël van de Poppe on April 25, 2025, at 10:30 AM UTC, where he noted that as gold consolidates, Ethereum (ETH) automatically begins to trend upward (Source: Twitter, @CryptoMichNL). This observation came with a specific timestamp of ETH's price movement, recorded at $3,250 on Binance at 9:00 AM UTC on the same day, marking a 2.5% increase within a 24-hour period (Source: Binance Market Data, April 25, 2025). Trading volume for ETH surged by 18% during this window, reaching 1.2 million ETH traded across major exchanges like Binance and Coinbase between 8:00 AM and 10:00 AM UTC (Source: CoinGecko, April 25, 2025). This spike suggests growing investor interest, potentially driven by macroeconomic shifts in gold prices
